Tag Archives | productivity

Why the Productivity Trends in Agriculture in very low?

Why the Productivity Trends in Agriculture in very low? In spite of the significance of agriculture in the Indian economy, per capital productivity in agriculture is less in comparison to the productivity in other sectors of the economy..

Causes for Low Productivity of Indian Agriculture

The causes for low productivity of Indian agriculture can be divided into 3 broad categories, namely, (1) General factors, (2) Institutional factors and (3) Technological factors.

The marginal productivity theory of Distribution explained

The marginal productivity theory of Distribution explained. The marginal productivity theory of distribution determines the prices of factors of production. This theory states that a factor of production is paid price equal to its marginal product.

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